玖龙纸业(02689)今日盘中股价大跌6.07%，引起了市场关注。
消息面上，花旗发布研究报告，基于近期废纸成本及2026年初至今纸浆价格较2025年第四季出现超预期的价格调整，下调了玖龙纸业2026、2027及2028财年的盈利预测，幅度分别为9%、12%及7%。该行指出，近期的价格调整由农历新年淡季及消费疲软引起。
此外，花旗认为玖龙纸业股价年初至今已上升约50%，应已完全反映2026财年上半年亮眼的业绩，因此将公司评级由“买入”下调至“中性”，并认为其股价上行空间有限。花旗同时开启30日负面催化观察，基于预期中国旧瓦楞纸箱(OCC)成本将在第二季淡季下滑，预期2026财年下半年纯利将按年下跌7%，每吨净利润也将收窄。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.